Question: Thome and Crede CPAs are preparing their service revenue sales

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2017). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are as follows.


Average hourly billing rates are auditing $80, tax $90, and consulting $110.

Instructions
Prepare the service revenue (sales) budget for 2017 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and totalrevenue.
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  • CreatedMarch 02, 2015
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